Monetary policy seeks to promote economic expansions or contractions by managing interest rates or money supply. The impact of these mechanisms on businesses depends on their ability to make predictions about the development of the market and the performance and profitability of their projects. Also, interest rates impact their ability to raise funds for operations, forcing them to make changes...

ISO 9000 is the most popular and widely adopted meta-standard for quality and operational improvements in manufacturing supply chains. However, few studies have quantitatively examined its impact on supply chain efficiency. In this paper we measure the material and cash flow efficiency of ISO 9000 certified firms in terms of inventory days and account receivable days. We analyzed changes in the...

maximizing economic earnings is the most common goal in cut-off grade optimization of open-pit mining operations. when this is the case, the price of the product has a critical effect on optimum value of cut-off grade. this paper investigates the relationship between optimum cut-off grade and price to maximize total cash flow and net percent value (npv) of operation. in order to visualize this ...

I endors have offered cash discounts for \ / many years to encourage prompt payy ment of invoices or accounts. Under such an arrangement, the seller receives payment without delay while the buyer minimizes both cash outflow and operating costs or expenses. Because these discounts can substantially reduce routine operating expenses in areas like patient care and ancillary supplies, hospitals sho...

This study aims to determine the effect of investment cash flow, funding operating and net income on dividends in property companies listed Indonesia Stock Exchange (IDX) for 2016-2020 period. research method is descriptive quantitative. The total population 60 by using purposive sampling technique, there are 12 companies, year observation (5) five years obtained from IDX. Data analysis form mu...

Using Japanese firm data, this paper examines the relationship between firm value and financing decision factors within a free cash flow (FCF) framework. The findings are broadly consistent with the positive tax benefits hypothesis. We find that in firms leverage is positively related to firm value and dividends are negatively related to firm value during the sample period, 1985 to 1996. The re...

The main purpose of this study is to examine the incremental information content of operating cash flows in predicting financial distress and thus develop reliable failure prediction models for UK public industrial firms. Neural networks and logit methodology were employed to a dataset of fifty-one matched pairs of failed and non-failed UK public industrial firms over the period 1988–97. The fi...

Tobin’s Q model is one of the economic models for evaluation of companies, proposed by Tobin in 1968 and represents the ratio of the market value of the companies’ shares plus the book value of its debts to the book value of its assets. It seems that one reason for the difference in abilities of the above said companies to produce cash from operating and investing activities. Therefore this res...

A classic theory of corporate governance holds that, when cash flow is high and investment opportunities scarce, takeover threats reduce managerial self dealing and encourage dividend payment to owners. We conduct laboratory experiments studying the effect of cash flow on self dealing and the effect of takeover threats on both agency problems and the optimality of management of cash flows. We f...

The objective in traditional scheduling is usually time based. Minimizing the makespan, total flow times, total tardi costs, etc. are instances of these objectives. In manufacturing, processing each job entails a cost paying and price receiving. Thus, the objective should include some notion of managing the flow of cash. We have defined two new objectives: maximization of average and minimum av...